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$399,999

$409,774

5218 Griffins Pointe Dr, Rowlett, TX, 75089

On MarketInfo
Price DropInfo
Beds5 Beds
Baths2 Bath
Baths2,437 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.14 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave
FlooringCeramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size8,620 sqft

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces2

Land Information

APN440144000B0120000
Lot Number12
SubdivisionMariner Park Sec
Land UseResidential
Legal DescriptionMARINER PARK SEC 1 BLK B LT 12 INT202000187054 DD07152020 CO-DC 0144000B01200 1CW0144000B
Census Tract018140
Assessed Land Value$90,000
Assessed Improvement Value$295,460
Assessment Year2025

About this property

PRICE IMPROVEMENT! Don't miss the rare opportunity to own a 5 bedroom home with fresh updates on a generous corner lot in Mariner Park! This North-facing two story home sits on an impressive and spacious lot framed by towering live oak trees and is located just minutes from George Bush Turnpike and Lake Ray Hubbard! Step inside to a welcoming light and bright interior with recently replaced luxury vinyl plank flooring, 5 inch baseboards, re-textured ceilings, new ceramic tile flooring in all bathrooms, fresh interior paint throughout the first floor, new custom paint in half bath and board and batten in formal dining room! The all-electric kitchen has white cabinets, granite counter tops, and a cozy breakfast nook with granite built-in window seat! Beyond the kitchen and breakfast nook is the living room,which is anchored by a wood-burning fireplace with gas starter. There's a generous sized primary bedroom on the first floor with new barn door that connects to the primary bath, and features a walk-in shower, soaking tub, double vanity, and large walk-in closet. Upstairs you will find 4 generous sized bedrooms with vaulted 10 foot ceilings, 2 with walk-in closets, and a 16' x 15' game room! There are ceiling fans, window coverings, laminate and tile floors throughout the home- no carpet! Other recent updates include a new glass smooth-top range, WI-FI enabled, with convection oven, new garage door, garage door opener; Gas water heater replaced in 2025, air conditioner in 2022, secondary HVAC in 2023, and front entry door (2026). Outdoors, a large grassy backyard with 8 foot privacy fence with plenty of room for play and relaxation! Rear entry garage has extended driveway for overflow parking. Great location with community center and pool down the street and Lake Ray Hubbard just a short walk away! Convenient to George Bush Highway, shopping, dining, and many other amenities! Don't miss this delightful home!

Investor Tools

$244,784Estimated Mortgage Balance
$162,227Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,436 /month
Positive
Cash Flow Estimate:
$812 /month

Interested in this property?

Edna Cortez

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$563/month
$139/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,721
$385,460
2025
$90,000
$295,460
$385,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,721
$385,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$276,655
No
First
Jul 16, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,784
$171,216
41%
60%
$1,659/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Rowlett

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5218 Griffins Pointe Dr | Property Details | No Agent List